The smartest people in the history of the world have distilled their life's work into a few hundred pages.
No, a 30 minute convo with your buddy won't teach you more.
THREAD: Here are 10 insights I've learned over the last 5 years from cofounding and selling business.
On startups, investing, marketing, and career advice:
👇👇
The smartest people in the history of the world have distilled their life's work into a few hundred pages.
No, a 30 minute convo with your buddy won't teach you more.
-Nike convinced the world that everyone is an athlete
-Apple convinced the world that everyone is a creator
-Shopify is convincing the world that everyone is an entrepreneur
Champion customers and they will reward you
People are passionate about things they are good at. Get really good at something, and you will become passionate at it.
Then you will make enough money to follow your original passion in your free time.
There is also no industry harder to get to a 10 figure valuation than digital media.
Understand your industry and plan accordingly.
- Work hard
- Befriend likeminded people
- Learn faster than others
If you do that, you will get lucky at some point.
Their entire job should be to tell the story of the founding team.
No one cares about a SaaS business in the early days, but people love passionate entrepreneurs.
If you get people to love you, they will love your business.
People do get fatigued with average content
There is more amazing content available than ever before and it can reach people easier than ever
If you think subscription fatigue is why people aren't reading your content, think again
Answer 2 questions:
1. What are my business goals?
2. What am I optimizing for personally?
Only once you know the answer to those 2 questions can you decide what funding source is right for you.
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THREAD: 12 Things Everyone Should Know About IQ
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)